These are decision board questions so they dont have to be long. How much ? can this be done by tomorrow?
Transactions Costs 2
Framingham State University contracts out its dining services to Sodexo but keeps its janitorial staff in house. Why do you suppose this is the case? What do each of your respective employers do? What prompts a firm to make this decision? What about professors? How does a university contract out one of its main inputs?
6604Transactions Costs 3
Are large firms more likely to have monitoring costs? If so, why do large firms exist? Examples?
5503Pilgrims & Property Rights
A bit of (not so current) events:
How did the Pilgrim’s property rights restructuring contribute to increased yields from their crops? Read the following articles before commenting.
https://www.hoover.org/research/how-private-property-saved-pilgrims
https://www.washingtonpost.com/news/volokh-conspiracy/wp/2014/11/27/private-property-and-the-pilgrims/?utm_term=.5785f1651e79
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